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La Misión Chenery: una invitación a pensar en el mediano y largo plazo

Author

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  • Hugo López Castaño

Abstract

A Mission led by Hollis Chenery was formed in late 1984 to analyze Colombian unemployment and to design a strategy for dealing with it. There are two main problems: open unemployment in the modern sector is around 1.1000.000 and salaries in the informal sector (1.800.000 workers) are below the legal minimum. The two are connected. Informal sector output is sensitive to the demands of modern sector workers, and the unemployed in latter sector can flow across into the former. This paper discusses the nature of these distinct forms of unemployment and their influence on the aggregate measure. It also analyses the macroeconomic proposals of the Mission.

Suggested Citation

  • Hugo López Castaño, 1986. "La Misión Chenery: una invitación a pensar en el mediano y largo plazo," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 20, pages 153-175.
  • Handle: RePEc:lde:journl:y:1986:i:20:p:153-175
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    Cited by:

    1. Will Alexander Yarce Posada, 2000. "El desempleo estructural y la tasa natural de desempleo: algunas consideraciones teoricas y su estado actual en Colombia," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 52, pages 87-112, Enero Jun.

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